Nuvei Gets Approval to Process Payments for Sportsbook Operators in New York

Nuvei Corporation has announced that it has been granted approval by the New York State Gaming Commission to process payments with recently licensed digital sports betting platforms launching in the state.

The commission approved five operators this month – Caesars Sportsbook, BetMGM, DraftKings, FanDuel, and Rush Street Interactive – to accept mobile and online sports wagers.

Nine operators are expected to be fully operational once regulatory approvals are finalized. The regulatory reform means New Yorkers can make wagers on their preferred digital devices, rather than being limited to brick & mortar betting stores.

“Nuvei announced strategic alliances this past year with multiple US-regulated operators. We are pleased to now be supporting online sports betting operators and platform providers with a convenient, fast and secure payments capability to serve their New York customers. This marks another step in our journey to expand with the growing industry as several states and countries are in the process of regulating online sports betting,” said Nuvei Chair and CEO Philip Fayer.